CFS Investment Advisory Services LLC Lowers Stock Position in iShares Core U.S. Aggregate Bond ETF $AGG

CFS Investment Advisory Services LLC cut its stake in shares of iShares Core U.S. Aggregate Bond ETF (NYSEARCA:AGG) by 16.3% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 92,816 shares of the company’s stock after selling 18,056 shares during the quarter. CFS Investment Advisory Services LLC’s holdings in iShares Core U.S. Aggregate Bond ETF were worth $9,268,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in AGG. Bank of America Corp DE raised its stake in iShares Core U.S. Aggregate Bond ETF by 16.0% during the 4th quarter. Bank of America Corp DE now owns 53,737,402 shares of the company’s stock worth $5,367,292,000 after acquiring an additional 7,411,242 shares during the period. Raymond James Financial Inc. boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 7.0% in the fourth quarter. Raymond James Financial Inc. now owns 84,760,819 shares of the company’s stock worth $8,465,912,000 after purchasing an additional 5,514,115 shares during the period. Mercer Global Advisors Inc. ADV boosted its position in shares of iShares Core U.S. Aggregate Bond ETF by 17.5% in the third quarter. Mercer Global Advisors Inc. ADV now owns 33,227,135 shares of the company’s stock worth $3,331,020,000 after purchasing an additional 4,942,715 shares during the period. Northern Trust Corp increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 25.1% in the fourth quarter. Northern Trust Corp now owns 20,705,925 shares of the company’s stock worth $2,068,108,000 after purchasing an additional 4,148,106 shares in the last quarter. Finally, Constellation Investments Inc. increased its stake in shares of iShares Core U.S. Aggregate Bond ETF by 70.2% in the fourth quarter. Constellation Investments Inc. now owns 7,062,919 shares of the company’s stock worth $705,444,000 after purchasing an additional 2,914,000 shares in the last quarter. 83.63% of the stock is owned by hedge funds and other institutional investors.

iShares Core U.S. Aggregate Bond ETF Price Performance

Shares of AGG stock opened at $98.04 on Thursday. The company has a market capitalization of $137.56 billion, a price-to-earnings ratio of 124.57 and a beta of 0.25. iShares Core U.S. Aggregate Bond ETF has a one year low of $97.51 and a one year high of $101.46. The company’s fifty day moving average price is $98.69 and its 200-day moving average price is $99.49.

About iShares Core U.S. Aggregate Bond ETF

IShares are index funds that are bought and sold like common stocks on national securities exchanges as well as certain foreign exchanges. iShares are attractive because of their relatively low cost, tax efficiency and trading flexibility. Investors can purchase and sell shares through any brokerage firm, financial advisor, or online broker, and hold the funds in any type of brokerage account.